Younger Partners Land Report: All Good Things Must . . . Continue

Younger Partners’ just-released “2017 Dallas-Fort Worth Land Absorption Report,” offered some interesting Dallas-Fort Worth land trends. According to Younger Partners’ Robert Grunnah:

• Undeveloped and underutilized land absorption continues at an unprecedented rate.
• Few desirable infill sites remain, due to aggressive, vertical development.
• Fewer infill sites mean longer commute times, though some companies are moving employment centers closer to demand.

Grunnah indicated that competition for employees, inflated raw land costs, a rapidly increasing cost of living and transportation congestion are impacting the extended growth cycle for DFW. The region still remains an attractive relocation point, however, “the gap is decidedly smaller” between what DFW and the competition offer.

Also growing smaller is the construction pipeline. Grunnah commented that new construction remains at record pace, a trend anticipated to continue through at least 2018. However, the shrinking pipeline “presents an interesting speculative projection for 2020 and beyond,” Grunnah said.

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